Market communications monitoring company Mirrorweb has secured $63 million in growth capital investment from Mainsail Partners.
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Founded in 2016, MirrorWeb’s insights platform enables companies to capture, archive and monitor communications across all channels, including websites, mobile devices, email, instant messaging and social media.
The investment in the company comes at a time when regulators around the world are seeking to restrict the use of personal phones and social media channels in the capital markets space, threatening financial firms with hefty fines for failing to archive data.
“Regulators have never been more focused on ensuring the integrity of financial markets, protecting investors and preventing systematic risks to our economy,” said David Clee, co-founder and CEO of MirrorWeb. “Mainsail’s investment and operational resources will help us continue to help financial institutions navigate this environment and meet their compliance and digital custody needs.”
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